Home ownership problem self-created

Shelter in our society should be a right, not a privilege

Re: Out of Reach (News, Aug. 14)

Is home ownership really a desirable or a good thing? Years ago I gave up the prospect of ever owning a house due to the disproportionate yearly increases in values compared to stagnant income; inflation was just making it impossible.

We live in a culture that purports that home ownership is the goal of the upwardly mobile, but when you add up the costs, is it? I see home ownership as a cult. Taxes, maintenance and high monthly payments leave little for other necessities like simply enjoying life, eating well and having a peaceful, less stressful life.

When I realized I had no hope of home ownership it was like a huge weight had been removed from my shoulders.

I don’t need a house, as I have no children and don’t need a lot of space.

Yet renters (who constitute about 60 per cent of the population in Victoria) need more protection from unscrupulous landlords.

Shelter in our society should be a right, not a privilege. A content and healthy society needs the base that shelter provides, but if wages don’t keep pace with inflation, renters and homeowners alike will continue to feel the economic pinch.

Who wants the stress of being a slave to their mortgage?

It’s time those who make the rules realize that higher wages will provide more money in general to circulate and that can only help the economy and people’s well-being.

Bennett Guinn

Victoria

Just Posted

BC Ferries adds extra and late night summer sailings

Seasonal adjustments to sailing times also in effect on many routes

Greater Victoria records drop in building permit values

Values are up for British Columbia and Canada thanks to Vancouver

Victoria Shamrocks win proves costly

Shamrocks lose Rhys Duch to a season-ending injury

Suspect steals jewelry and ice cream bars in Oak Bay break and enter

Oak Bay resident loses $2,000 in gift cards to Visa Scam

WATCH: Barbers battle it out in Victoria

‘Barber Battle’ saw stylists and barbers from across North America go head-to-head

Man suffers burns, dog dies in fire in Nanaimo

Structure burns down on Clifford Road property in Cedar

Province comes through with funding for Charleigh Fales

Lake Cowichan toddler only one in B.C. diagnosed with CLN2 Batten disease

People throwing food at a bear in Fernie alarms conservation groups

“Approaching and feeding bears contributes to habituation,” says conservation group

Homalco tour gives glimpse into area’s ‘People, Land, Water’

First Nation business mixes cultural components with wildlife excursions

Feds announce $50M strategy to fight dementia

Emphasis is on prevention and and supporting caregivers

Federal Liberals’ plan to help first-time homebuyers to kick in weeks before election

Ottawa to pick up 5% of a mortgage on existing homes for households that earn under $120,000 a year

B.C. VIEWS: When farmland protection doesn’t protect farmers

Secondary residences aren’t mansions, families tell Lana Popham

Bombers down B.C. Lions 33-23 in season opener

Former Lion Andrew Harris leads Winnipeg with 148 rushing yards

Most Read